2016-17 FINAL BUDGET FOR ADOPTION CONSIDERATION Presented September 6, 2016 Presented by Alfred Muñoz Interim Vice President of Administrative Services Suzie Payne Controller, Interim

PROPOSED FINAL BUDGET 2016-17 Revenue Impact Growth (2.82%) $ 1,038,980 Additional funding for FTES Funded Base 7,368+ 208 = 7,576 Projected Actual FTES = 7,600 Basic Allocation $ 522,979 Applied to workload and basic allocation rates Increases Revenue Per Credit FTES to $5,004 Apportionment Increase $ 1,561,959

PROPOSED FINAL BUDGET 2016-17 Revenue Impact Summary 2016-17 2015-16 COLA 0.00%% $0.00 1.02% $375,000 Growth 2.82% 1,038,980 3.95% 1,296,706 Basic Allocation 1.4% 522,979 4.65% $1,550,958 Apportionment Increase $1,561,959 $3,222,782

PROPOSED FINAL BUDGET 2016-17 RESOURCES: Unaudited Actuals Increase Federal 2016-17 2015-16 (Decrease) Forest Reserve $3,900 $ -0- $ 3,900 Veterans Admin 2,600 1,467 1,133 Pell Grant Admin 16,500 15,425 1,075 Subtotal $23,000 $16,892 $ 6,108 State Apportionment $ 9,934,232 $ 10,852,772 $(918,540) EPA Prop. 30 6,094,931 6,216,567 (121,636) Lottery 1,091,053 1,100,869 (9,816) State Mandate 678,601 4,160,768 (3,482,167) Other 383,481 1,475,415 (1,091,934) Subtotal $18,182,298 $ 23,806,391 $(5,624,093)

PROPOSED FINAL BUDGET 2016-17 Unaudited Actuals Increase Local 2016-17 2015-16 (Decrease) Property Taxes $ 23,759,775 $ 22,242,257 $ 1,517,518 Student Enrollment 2,215,276 1,971,057 244,219 Non-Resident Students 330,000 332,612 (2,612) Ovrhd From Rstrctd Fund 395,000 324,003 70,997 Other 459,200 481,530 (22,330) Subtotal $ 27,159,251 $ 25,351,459 $ 1,807,792 Total Resources $ 45,364,549 $ 49,174,743 $ 3,810,194

PROPOSED FINAL BUDGET 2016-17 Unaudited Actuals Increase REQUIREMENTS: 2016-17 2015-16 (Decrease) Academic Salaries $ 17,185,681 $ 17,035,010 $ 150,671 Classified Salaries 9,707,914 8,853,239 854,675 Payroll Costs/Benefits 10,032,030 10,103,353 (71,323) Supplies/Materials 727,397 470,191 257,206 Operating Expense 6,845,895 6,072,051 773,844 Capital Outlay 57,162 96,467 (39,305) Transfer-Out 550,000 5,262,518 (4,712,518) Total $ 45,106,079 $ 47,892,829 $ (2,786,750) Surplus/(Deficit) $ 258,470 $ 1,281,914 $ (1,023,444)

PROPOSED FINAL BUDGET 2016-17 Tentative Budget Final Budget Diff Resources Federal $ 23,000 $ 23,000 $ - 0 - State 19,964,682 18,182,298 (1,782,384) Local 24,233,690 26,764,251 2,530,561 Transfer-In 425,000 395,000 (30,000) Total Resources $ 44,646,372 $ 45,364,549 $ 718,177

PROPOSED FINAL BUDGET 2016-17 Tentative Budget Final Budget Diff Requirements: Academic Salaries $ 17,053,681 $ 17,185,681 $132,000 Classified Salaries 9,707,914 9,707,914 -0- Payroll Cost/Benefits 10,030,908 10,032,030 1,122 Supplies/Materials 575,000 727,397 152,397 Other Operating Expenses 6,587,386 6,845,895 258,509 Capital Outlay -0- 57,162 57,162 Transfer-Out 689,566 550,000 (139,566) Total Expenditures $ 44,644,455 $ 45,106,079 $461,624 Surplus/(Deficit) $ 1,917 $ 258,470 $256,553

PROPOSED FINAL BUDGET 2016-17 Capital Resource Allocation Funding Per Annual Program Assessment Capital Outlay Fund 41 $757,334 Annual Deferred Maintenance and Instructional Support Grant - Fund 12 $992,666 $500,000 Facilities $492,666 Instructional Equipment

CalSTRS and CalPERS Impacts to Budget CalPERS Proposed Employer Rates CalSTRS Proposed Rates *Projections assume new positions are added each year 2016-17 2017-18 2018-19 2019-20 2020-21 Rate Increase 13.888% 16.60% 18.20% 19.90% 20.40% Projected Increase $197,847 $340,936 $155,582 $170,652 $51,836 Projected Total Expense 1,348,235 1,768,175 1,923,757 2,094,409 2,146,245 2016-17 2017-18 2018-19 2019-20 2020-21 Rate Increase 12.58% 14.43% 16.28% 18.13% 19.10% Projected Increase $224,727 $235,859 $247,540 $259,801 $272,895 Projected Total Expense* 2,161,958 1,839,699 2,178,356 2,546,046 2,817,452

New full-time faculty positions – Jan. 2017 TENTATIVE BUDGET 2016-17 New full-time faculty positions – Jan. 2017 1 - Mathematics 1 - Librarian

PROPOSED FINAL BUDGET 2015-16 New Classified Positions 2 Full-time custodians (STEM Center Building) 2 Positions from grants institutionalized Chemistry lab technician Data analyst New Management Position Director of Public Safety and Emergency Management

PROPOSED FINAL BUDGET 2016-17 Restricted Fund – Grants, Parking, Restricted Lottery and Categorical Funds Bookstore Fund – Commission received on sales from bookstore Child Development Fund – State grant received for child care services Capital Outlay Fund – Facilities, grounds, equipment, IT, educational equipment Property Acquisition Fund – Rental Income Bond Fund – Facilities Cafeteria Fund – Food services for students and staff Other Enterprise Fund – Services provided to employers Self Insured Fund – Former workers compensation JPA assets Retiree Health Benefits Fund – Unfunded liability Associated Students Trust Fund – Associated Students of Hartnell College Financial Aid Fund – Pell Grant; CalGrant Scholarship, Loan Trust Fund – Restricted club/activity accounts Intercollegiate Athletic Trust Fund – Support of Athletic activities